The streaming giant will charge subscribers more in some countries to fuel growth.

Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.

The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.

Changes in Italy and Spain are now being rolled-out.

In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.

  • shoulderoforion@fedia.io
    36·
    22 days ago

    See, the problem with publicly traded corporations is, they’ve got to constantly not only be making as much money this year as they did the previous year, but they’ve got to increase shareholder value, which means, raising prices, or reducing the product to save costs, we have termed that last bit enshitification. I mean, they don’t HAVE to, but if they choose not to, the board of directors will push for a change in CSUITE personnel, and those fuckers are raking in the big bucks, and really really like their 3rd vacation homes in Aspen, so you pay more, or you get less, and sometimes you pay more AND you get less. And the beat goes on.

    • entropicdrift@lemmy.sdf.org
      11·
      22 days ago

      I mean, they don’t HAVE to, but if they choose not to, the board of directors will push for a change in CSUITE personnel

      If the board doesn’t maximize profit, the shareholders can sue them, so functionally they do have to.

    • CanadaPlus@lemmy.sdf.org
      1·
      21 days ago

      TBF small businesses do this too on average. There’s some that don’t, but then there’s also some that straight up do crime, usually against employees.

      To solve this, you either want a well-regulated market, or no market (however that would work).

  • DeltaTangoLima@reddrefuge.comEnglish
    20·
    22 days ago

    lol - I love that I canned all my paid subs that were fucking me up the arse like this, and then used the savings to setup a half-decent Plex server for my family. Fuck those greedy cunts.

    • karashta@lemm.ee
      7·
      22 days ago

      I keep telling my friends this. It was incredibly simple to do. And you can start with only a couple smaller 1 or 4 TB drives and still end up starting a decent collection

      • DdCno1@beehaw.org
        1·
        21 days ago

        Especially if you’re fine with the low image quality of streaming services. Equivalent video files aren’t particularly big.

    • sunzu2@thebrainbin.org
      6·
      22 days ago

      These owners forgot that media is 100% discretionary spend AND has superior alternative that can be had close to free and a bit of labour…

      I know owners thinks we are all brain dead and only able to consoom… Is we tho?

  • solsangraal@lemmy.zipEnglish
    5·
    22 days ago

    The company is under pressure to show investors what will power growth in the years ahead, as its already massive reach makes finding new subscribers more difficult.

    LOL i think the only potential “new subscribers” remaining are the people who never had and never will have a netflix sub. at this point one of the many reasons i’ll never sign up is because fuck shareholders in general

  • IcePee@lemmy.beru.co
    3·
    22 days ago

    I was shocked about the amount of content when I browsed BBC’s Iplayer service. They even have films. If you want to save some well known movies and are in the UK, you could exhaust their selection before even having to put your hand in your pocket to splash out on extra privatised content.